Economy, asked by ak340211, 1 year ago

what is meant by sustainable economic development? Give its main reason.

Answers

Answered by rahuljalotra21pe6e3f
0
Sustainable Economic Development.
It means that development should take place without damaging the environment, and development in the present should not compromise with the needs of the future generations.This concept stresses the role of the environment as capital that, if exhausted, cannot be replaced. It requires preservation of human capital, physical capital and natural capital.United Nations Conference on Environment and Development (UNCED) defined sustainable development as ‘Development that meets the need of the present generation without compromising the ability of the future generations to meet their own needs.
Answered by mehaksharma181006
0

Answer:

The term “sustainable economic development” means that  

development should take place without damaging the  

environment. It also implies that the development that is  

taking place in the present should not compromise the  

needs of the future generation.

Explanation:

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